Nigeria currency exchange rates – The Nigerian foreign exchange market remained relatively stable on Friday, April 24, 2026, as the naira traded within a narrow range against major global currencies.
Although slight fluctuations were recorded across trading windows, improved forex liquidity continued to support the local currency. As a result, the gap between the official and parallel markets remained moderate.
Below is a comprehensive breakdown of today’s exchange rates for major international currencies against the Nigerian naira.
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Nigeria currency exchange rates today April 24 2026: Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,345 – ₦1,355 | ₦1,385 – ₦1,400 | ₦1,351 |
| Euro (EUR) | ₦1,560 – ₦1,585 | ₦1,620 – ₦1,650 | ₦1,577 |
| British Pound (GBP) | ₦1,800 – ₦1,830 | ₦1,870 – ₦1,910 | ₦1,818 |
| Chinese Yuan (CNY) | ₦184 – ₦188 | ₦190 – ₦196 | ₦186 |
| Japanese Yen (JPY) | ₦9.40 – ₦9.80 | ₦10.00 – ₦10.40 | ₦9.60 |
| Canadian Dollar (CAD) | ₦965 – ₦990 | ₦1,020 – ₦1,050 | ₦980 |
| Swiss Franc (CHF) | ₦1,690 – ₦1,720 | ₦1,760 – ₦1,800 | ₦1,716 |
| Saudi Riyal (SAR) | ₦358 – ₦363 | ₦370 – ₦378 | ₦360 |
| UAE Dirham (AED) | ₦366 – ₦371 | ₦378 – ₦386 | ₦368 |
Market Highlights
- The naira remained largely stable against the US dollar in both official and parallel markets.
- Improved foreign exchange inflows continued to support market liquidity.
- The spread between official and black market rates narrowed further.
- Traders are closely monitoring global oil prices and Central Bank policy direction.
What This Means for Nigerians
A narrower gap between the official and parallel market rates often reflects improved confidence in the naira. It also helps reduce arbitrage opportunities and enhances price transparency in the foreign exchange market.
However, exchange rates may still fluctuate during the day depending on demand, liquidity conditions, and developments in the global economy.
Stay with Sojworldnews for daily exchange rate updates, business news, and expert financial analysis.
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